SGS is Long (As of close of 4/30/2012)
SPX very likely sells off to test support at 1340 level. My plan is to do my second buy for my LT at 1341 unless I see massive liquidation by Big Money as SPX goes down to test that support. I'll post on my FB page if that happens.
In CASH (closed all positions on 5/4/2012 at close)
Opening Following positions on Monday 5/7 at open and closing on Friday 5/11 at close or if a goal
of 2.5% portfolio gain is reached during the week.
- Longs (10 Positions Equal $): AMLN VVUS STX AEO LEN LNG AIG GPS DFS AAPL
- Shorts (10 Positons Equal $): NFLX ANR PLCM GG RVBD CHK ITUB NEM EA SNDK
SPX very likely sells off to test support at 1340 level. My plan is to do my second buy for my LT at 1341 unless I see massive liquidation by Big Money as SPX goes down to test that support. I'll post on my FB page if that happens.
Disclaimer:
The
views
expressed
are
provided for
information
purposes
only
and
should
not
be
construed in
any way
as
investment
advice
or
recommendation.
Furthermore,
the
opinions
expressed
may
change
without
notice.